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Inside Bar

XAUUSD DAILY TIME RAME INSIDE BAR An inside day occurs when the size of a daily candle fits the size of the previous one. Inside day candle pattern says the market is about to move. Inside day does not provide an indication of which direction the market will movE . AND The inside bar candle pattern is NOT telling traders that the market is bidding price higher or lower but rather that the market is waiting before making the next big move in the asset. ... As mentioned previously, the inside bar represents a period of short-term consolidation with low volatility within a trending market.
OANDA:XAUUSD
by POWER_OF_FOREX
XAUUSD, Daily tf, buy bullish inside bar setup I found an interesting setup for XAUUSD. As you can see i've marked the weekly horizontal support and resistance. We're currently holding above 1797 support level after breaking above it yesterday with a solid candle close. Notice that the last 2 daily candles are inside bar pattern. Today daily candle already break above the mother candle and this downwards movement looks like a retest of support for me. We're provided with 5R trade setup so i think it is worth to try this buy position. Buy XAUUSD 1797 Stop loss 1788 Take profit 1842 (5R) Use only 1-2% risk Good luck
FX:XAUUSDLong
by HayatoDragonFX
Gold: Weekly Forecast 20210704Gold continued with its current consolidation but shown promising rebound right at the neckline of a previous double bottom. An inside bar was also formed as it reached the week low and it followed through with a break-above, showing a stronger conviction for the bulls. Therefore, we expect the gold to follow through with its rebound and potentially reach 1820 before facing resistance again. Should the price failed to climb at the beginning and hovers around the current range top at 1795, we can expect a pullback towards 1765 where an inverse head and shoulder could potentially form.
FX_IDC:XAUUSDLong
by AlgoVenture
Bitcoin – A lower-high fractal An interesting confluence of factors has manifest again in the 1HR chart that occurred back around May 26. That is the following: A Bullish cross of the 20MA above the 50MA; followed by A bullish cross of the 50MA above the 200MA; followed by An inside bar on a lower high. In May, this portended an initial drop of 17.5% ($7k). If a similar drop occurred from the high of this recurrence, we could see a drop of $6.1k, back below $29k. What do you think? A correction, a rally, or more sideways action?
COINBASE:BTCUSDShort
by Crypto-Swing
12
Coforge Long Idea Bullish Flag Trade Buy if breaks the IB with stop loss mentioned Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , Trade Setup based on option Decay ! ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. =======
NSE:COFORGELong
by ShivamMendhare
1